Search Results
Speech
The Federal Reserve as a democratic institution
The Hutchinson Lecture, University of Delaware, Newark, Del. - April 28, 1999
Speech
Roadblocks to recovery (with apologies to W. H. Auden and Gershon Bleichroder)
"While it appears urgent, if not agreeable, to use massive public spending to stimulate an economy under duress, an economy cannot sustain long-term growth under the weight of significant fiscal burdens." ; Remarks before the World Affairs Council of Dallas/Fort Worth, Dallas, Texas, February 10, 2010.
Journal Article
Interview with Kenneth Rogoff
Interview with Harvard economist about financial globalization, risks to central bank independence and the history of financial crises.
Speech
The global battle over central bank independence
January 4, 2013. Presentation. "The Global Battle Over Central Bank Independence." NABE Panel Discussion: "Federal Reserve Independence in the Aftermath of the Financial Crisis: Should We Be Worried?" AEA/ASSA Annual Meeting, San Diego, California.
Journal Article
The global battle over central bank independence
Journal Article
If Fed becomes super regulator, politicians would be its kryptonite
If given broader regulatory authority, the Fed will probably face new challenges in executing its traditional responsibilities and in preserving its independence against political pressure.
Journal Article
The Fed must continue to supervise banks
As we examine ways to restructure government to provide better services at lower cost, supervision and regulation of banks is a prime candidate. The current supervisory patchwork, with its overlapping and redundant functions, raises costs for banks and their customers. ; Richard F. Syron, President of the Federal Reserve Bank of Boston, agrees that one federal agency should oversee each banking institution. He believes, however, that a recent proposal to eliminate Federal Reserve System involvement in bank regulation and supervision would impede the Fed's ability to carry out its mission as ...
Speech
Defending central bank independence
"Monetary policy acts with a lag. I liken it to a good single malt whiskey or perhaps truly great tequila: It takes time before you feel its full effect. The Fed has to be very careful now to add just the right amount of stimulus to the punchbowl without mixing in the potential to juice up inflation once the effect of the new punch kicks in." ; Remarks at Instituto Tecnologico Autonomo de Mexico, Mexico City, Mexico, February 7, 2008.
Journal Article
Federal Reserve : The road to independence
Journal Article
Federal Reserve independence and the Accord of 1951